Boston Partners Buys 1,736 Shares of FTI Consulting, Inc. (NYSE:FCN)

Boston Partners boosted its stake in FTI Consulting, Inc. (NYSE:FCN) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,392 shares of the business services provider’s stock after purchasing an additional 1,736 shares during the period. Boston Partners’ holdings in FTI Consulting were worth $25,917,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Prospera Private Wealth LLC bought a new position in shares of FTI Consulting during the third quarter valued at $34,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of FTI Consulting during the third quarter worth $35,000. Quarry LP increased its position in shares of FTI Consulting by 337.8% during the third quarter. Quarry LP now owns 162 shares of the business services provider’s stock worth $37,000 after buying an additional 125 shares during the period. True Wealth Design LLC acquired a new stake in shares of FTI Consulting during the third quarter worth $38,000. Finally, Jones Financial Companies Lllp increased its position in shares of FTI Consulting by 394.0% during the fourth quarter. Jones Financial Companies Lllp now owns 247 shares of the business services provider’s stock worth $47,000 after buying an additional 197 shares during the period. Institutional investors own 99.36% of the company’s stock.

Wall Street Analyst Weigh In

FCN has been the subject of several recent analyst reports. Truist Financial decreased their price objective on shares of FTI Consulting from $275.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, February 21st. StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Finally, The Goldman Sachs Group decreased their price objective on shares of FTI Consulting from $194.00 to $173.00 and set a “neutral” rating for the company in a research report on Friday, February 21st.

FTI Consulting Trading Down 0.9 %

NYSE:FCN opened at $165.17 on Thursday. The stock has a market capitalization of $5.93 billion, a price-to-earnings ratio of 21.18 and a beta of 0.14. The firm has a fifty day simple moving average of $182.00 and a two-hundred day simple moving average of $199.57. FTI Consulting, Inc. has a 12 month low of $158.92 and a 12 month high of $243.60.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $1.56 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.17). The company had revenue of $894.92 million during the quarter, compared to analyst estimates of $913.70 million. FTI Consulting had a return on equity of 13.15% and a net margin of 7.57%. Equities analysts predict that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal year.

FTI Consulting Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.